Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
- Posted on September 16, 2026
- By CNBC
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- 1 min read
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Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts.